Member Info for Heid

Nothing to be jealous of Karen.

The family looked at my find last night.

Seven recommends of the sheep not interested on this board re my potential funding find.

Stephen Williams liked it

Will Devon pull another rabbit out the hat or are we stuck under 20p through out March an April ready for Karen to take her seat at the AGM in June. We all know how the board like to pump the AGM month ... shall I remind you all :

'The company, for no fault of its own has had little or no action to attract the interest it deserves.'

Who is this bull sssh-1t blogger ? Honestly !

Why does he not think what would attract new investors that has been a failure by the CEOs.

🤮

Wressle - Environment Agency approval '''''potentially''''' Q4 2024 !!!!!!

Believe it when we see it.

Https://wp-reabold-2023.s3.eu-west-2.amazonaws.com/media/2024/02/Reabold-Resources-Corporate-Presentation-February-2024-Final-CLEAN.pdf

You lot always need spoon feeding by me an take the 'p'

BUT, I did spot something last night that could be a clue.

Do some research

I spotted something last night.

Very much ifs an buts.

I see mobilisation next year at West Newton but I could be proven wrong so we shall see.

Devon is confident...but then he has be confident for years.

Good luck with a buy out. This is Devon's baby. He will not give this up.

You reckon. I beg to differ.

I was away at weekend an I had DM's checking in on me an my opinions.

As for you Karen...stop communicating with me here if you do not like what I post.

Hardly 23p today are we ?

Start buying some shares monthly in your company an I might start taking you serious.

Just shy of £300,000 salary for a 73 year old is beyond me to spend down in the West Country

You would'nt even part with £20 to go to Rick Stein's restaurant

Start supporting your company an encourage new investors an existing to part with their hard earnt cash.

Happy when shareholder value an returns line up with the board's salaries

Incredible to think they are approaching a million pounds in salaries this year whilst we got conned in to false hope of a divi at AGM an share price was 32ps then.

If they do mobilise Newton this year I will be amazed.

What has happened to Biscathorpe, Keddington, gas to grid...ZERO

Https://x.com/Heid_oil/status/1762348245781561522?s=20

#UJO I would thank Devon for my 🎂 birthday dividend but rewards these days are non existent @UnionJackOilplc

CC @ofarrellj @mgrahamwood

David has told us he is confident in West Newton being drilled this year.

After failing us with Keddington transparency it would look dreadful on him if West Newton does not happen.

No RNS for the Edinburgh presentation yet from Reabold tomorrow. Is this more waffle to pay the CEO's whilst we are all left on cr@p share prices ?! No wonder no one is buying in. People are becoming far wiser to their spiel.

Not impressed an looking at the volumes an my DM's nor is anyone.

So the lads visit to Edinburgh is just more hype or we would surely have had a funding RNS today for Newton

Devon is confident though so guess it could arrive before the presentation.

Talk of buying more of Newton at weekend is laughable to suggest after Devon has always said no to increasing our 16.66%

Just about to board plane home so will answer DMs later from X.

I have been in Amsterdam an flattered a few of you were asking if all ok

Https://twitter.com/Heid_oil

The bunny is on my profile piccy with Devon

I do not think you will have a sale of Newton till it is tested an proven commercial.

It will however be great news if we get a plan for it going forward shortly.

Stephen an Sachin are off to Scotland 27th Feb so you have to wonder or hope that news is due.

Why would they go all that way just to eat shortbread ?

Devon has expressed his confidence in much action at West Newton this year - Do not let us down.

Actually I thought Devon looked very well an smart in his interview an nicely presented.

Good luck this year Devon...you have much to prove.

We are in a period of observation where David has put his bits on the block by saying that West Newton should be drilled this year. The last we heard from Rathlin was that the company committed to drill an test the new Kirkham Abbey well by JUNE of this year. It would take them ages to get the kit an very unlikely to be met.

David boasted about rabbits being pulled out the hat. My guess would be this would be pre AGM if last time's actions are anything to go buy as I posted earlier.

17p is appalling when you look at the salaries that the team are banking. Now the light is firmly on what David has planned for us because in my mind the last year has failed us as shareholders.

I guess we are all due our opinions an thats the point of this board. From a personal perspective dividends are a nice way of rewarding shareholders whilst attracting new investors by showing confidence in your company.

I look back at the AGM which was the 22nd of June 2023 an the share price was 31p an rising. Sentiment was really improving with buy backs, dividends being paid an director buy ins..16th June it was really nice to see a TR1 from Joe OFarrell of 133,400 shares leading up to the AGM. The future really did start to look bright with the interim dividend scheduled to be paid on 28th July 2023 of 0.30. This amount was not impressive but a nice gesture. We now know that was the last dividend we would receive despite the mention of another one from Egdon funds at the AGM.

We also saw a record month of buybacks, from the 1st June to the AGM on the 22nd June, with an impressive 2,325,000 Transaction in own shares RNSs. Bizarrely the day after the AGM the buybacks stopped.

A week before the AGM ,14th June, US$16m net revenues were Reached at Wressle wit RNS stating 'The share buy-back and dividend programmes continue' 

I am sure everyone left that AGM happy as were shareholders following the events that led up to it. Since that AGM day the share price has near on halved. You may say not a big deal, foggy, but let us see where we are in June 2024 by the next AGM meeting. What rabbits will David pull out the hat by the AGM with shareholders not being rewarded nowhere near what he is with his salary at this moment in time?

To be continued.....

Leidi steps back an looks at this differently to all of you clearly

You sat in that room Karen with Devon an the board etc an was told a dividend was coming from Egdon proceeds

Devon has constantly told us all that :

Union Jack continues to be cash flow positive covering all G&A, OPEX and contracted or planned CAPEX costs, including any drilling activities for at least the next 12 months. Debt free. No Placings. Highly cash generative

Malcy's Blog 29th Jan

"...UJO’s distinctive way of rewarding shareholders, currently via dividends and share buy-backs which will be cushioned by this investment..."

The share buy backs have stopped an there has been no dividend for near on a year ?! Why do you think the share price is so depressed ? Are we here to keep drilling sites ticking with no reward whatsoever to incentive new buyers or reward us.

Meanwhile this company continues to line the pockets of the board an gamble our money.

I dunno people. It is just how I see it. I am sorry. I am sorry to Devon too. But we shall see.

Next thing we will be told Biscathorpe needs funding at 5 Million a drill now.

Sorry guys we need to fund it.

Devon should have rewarded shareholders along side his plans away from 'Union Jack' Oil

Devon gloated about his techincal team an DD that we all believed.